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How to calculate PF with example
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Answer Posted / sai srikanth kanchinadham
PF is calculated on your Basic + DA @12% and for Non-Metro cities basic is 40% of your gross salary and for Metro cities it is @50% of your Gross Salary. Because Hyderabad is still not a Metro city.
Basic - 40% of Gross Salary
HRA - 25% Of Gross Salary
DA - 20% of Gross Salary.
PF - 12% of Basic
ESI - 1.75%-Employee Contribution
4.75%-Employer Contribution
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